Are you looking for monthly positive cash flow, long term appreciation and equity building, or a combination? Are you interested in investing for the long term or the short term? How much time do you have and what is your risk tolerance? For example, where you want to be financially in five years, (for example do you want to be earning $100,000/year in your job, own two properties that are giving you $500/month in positive income?)
It is wise to ask yourself what you can do in the next 12 months to achieve each of the above items. Once you have firmed it up, write down your goals and action plan on paper. Studies reveal that those who write down their goals have a much better chance of reaching them than those who don't.
Remember, the property market keep changing. Make sure you keep yourself updated regularly. Like any other project, being an investor also involves acquiring knowledge about changes and new trends that may affect your investment or its outcome.


